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. >> gretchen: why did you resign from the union? >> i left the union because i saw no purpose in belonging to it and i was broke, i was a teacher and i needed money. >> steve: and you live in florida, you don't have to belong to the union. >> exactly. >> steve: what do you make of the proposal by the american federation of teachers. they will have a high standard like a bar exam for teachers because it is hard to be a lawyer and hard to become a teacher, right? >> right. [laughing] i don't buy it. every state already has in place certification tests that people take. i believe that their intention to make the standards more rigorous. i fully support and i think you node the best of the best teaching the students. but at the same time. you continue to demand higher and higher quality and somebody has to pay for it. >> gretchen: don't you think it could be the teacher unions have come under fire because of the documentaries like waiting for super man and other movies that came out and said it is because of the unions potentially that
. >> gretchen: why did you resign from the union? >> i left the union because i saw no purpose in belonging to it and i was broke, i was a teacher and i needed money. >> steve: and you live in florida, you don't have to belong to the union. >> exactly. >> steve: what do you make of the proposal by the american federation of teachers. they will have a high standard like a bar exam for teachers because it is hard to be a lawyer and hard to become a teacher, right?...
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it obscures the fact of how wealthy the unions are. from the city journal article, in the last decade, the teachers unions spent more on politics in the last decade than the oil industry and the pharmaceutical industry and the tobacco industry combined. >> greta: don't they worry with the bad situation economically in california, and they're in a really tough situation, don't you think they worry that in 2011 they were 5400 who have pensions of over $100,000, if you look at the numbers and everything else that's going on in the state, i mean, it is in such deep trouble, wouldn't you think they would be terrified that they're running people out of the state and losing any tax base? of course, they did just recently vote to raise taxes. >> look at what happened in wisconsin. it's not as if public sector unions said oh, gosh, we should just take these reforms and not roprotest. it was a fight to the death in wisconsin. >> greta: even that was a push. a negotiated settlement where it works with both sides is the best way to do it. >> that'
it obscures the fact of how wealthy the unions are. from the city journal article, in the last decade, the teachers unions spent more on politics in the last decade than the oil industry and the pharmaceutical industry and the tobacco industry combined. >> greta: don't they worry with the bad situation economically in california, and they're in a really tough situation, don't you think they worry that in 2011 they were 5400 who have pensions of over $100,000, if you look at the numbers...
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stuart: new video from the teachers union may further that argument. we will show it to you when our voice of reason in california mike reagan joins us atat0:45. >>> i do not give specific investment advice. it's not what we do on varney & company, and besides i'm the guy who invested in microsoft. you wouldn't want a stock tip from me now, would you? having said that, here is my take on real estate. i still think a single family home in a solid neighborhood is a good investment. think about it, taxes on dividends, interest and capital gains, almost certainly going up, so get a dividend payment and a tax bite goes up. sell a stock, sell a bond, and the tax goes up. but a house? no dividend, no interest, and if there is a capital gain, it's long-term, and you choose when to pay the tax. plus, home prices remain low, and the cost of borrowing for that mortgage is the lowest on record. so you can buy cheap and let your profit accumulate, tax-free, and you have a few write-offs when the tax bill does come due. i don't know what's going to happen to stocks
stuart: new video from the teachers union may further that argument. we will show it to you when our voice of reason in california mike reagan joins us atat0:45. >>> i do not give specific investment advice. it's not what we do on varney & company, and besides i'm the guy who invested in microsoft. you wouldn't want a stock tip from me now, would you? having said that, here is my take on real estate. i still think a single family home in a solid neighborhood is a good investment....
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best interest of the child at home with his or her parents in utah or in any other state in our great union. oh, my god. let me go to ted kennedy on that. ted, have you a disability. you lost a leg to cancer years ago. i've always admired how you've handled it. what does it mean to someone disabled, this bill, to an american? >> well, for disabled americans we feel the republican party have really turned their backs, because what this treaty sdshdo by the way senator kerry has been our xhamp onon this and so many other issues, so i commend senator kerry and senator lugar and the other senators who bucked the trend of the pressure in the right wing of this party to somehow mischaracterize this treaty. the treaty is simple. it simply says a disabled american, including disabled american veterans, are afforded the same rights overseas as they are here at home. which is why 21 leading veterans organizations, including the vfw, american legion, wounded warrior project, hardly left-wing organizations, have been strong backers of this treaty. in addition, as senator kerry knows, and has eloquently
best interest of the child at home with his or her parents in utah or in any other state in our great union. oh, my god. let me go to ted kennedy on that. ted, have you a disability. you lost a leg to cancer years ago. i've always admired how you've handled it. what does it mean to someone disabled, this bill, to an american? >> well, for disabled americans we feel the republican party have really turned their backs, because what this treaty sdshdo by the way senator kerry has been our...
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megyn: that was part of a nearly eight minute video from the california teachers union. suggesting that the rich point a finger at everyone else when they are to blame for all the problems. but it is another part of the video that has some questioning, even labeling it as vile and vicious. trace gallagher has more from our west coast newsroom. reporter: the video begins with once upon a time and ends with happily ever after. in between, about seven minutes and 35 seconds, attacking the rich, calling them greedy money loving wires that elected all the politicians and do not pay their fair share of taxes. in fact, the only reason they are rich, says the video, is because of tax cuts and loopholes and tax evasions. the theme is that the rich are bad. they are the villains. at one point, the rich actually urinate on the poor. at one point, that is what happens. but then we go on, the video put out by the california's teacher association, he is the one that will waste the eight minute video. it claims that the rich are so used to being rich that when the government set up a s
megyn: that was part of a nearly eight minute video from the california teachers union. suggesting that the rich point a finger at everyone else when they are to blame for all the problems. but it is another part of the video that has some questioning, even labeling it as vile and vicious. trace gallagher has more from our west coast newsroom. reporter: the video begins with once upon a time and ends with happily ever after. in between, about seven minutes and 35 seconds, attacking the rich,...
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but you are right to point out the union connect. president obama's reelect heavily supported by municipal unions and it's the pensions promised to municipal union workers, that is what is strangling many of the states that are in such dire straight. illinois and california in particular. will quid pro quo be called in by municipal unions like it has been called in by the municipal councilmember. martha: what happens if they don't get it. what happens if there aren't bailouts. >> detroit is bankrupt. other cities have declared bankruptcy. they are gone. it's debatable whether those union pensions are in pact paid. if you are looking over the cliff, the municipal debt and the state debt cliff, you are right on the edge of serious problem for states and cities all across the country. detroit has said we are talking bailout. that's a huge question. martha: stuart, thank you. it seems like we are standing on a plateau and there are cliffs all around. in 2011, 13 cities filed for bankruptcy. that's the highest annual level we have seen in
but you are right to point out the union connect. president obama's reelect heavily supported by municipal unions and it's the pensions promised to municipal union workers, that is what is strangling many of the states that are in such dire straight. illinois and california in particular. will quid pro quo be called in by municipal unions like it has been called in by the municipal councilmember. martha: what happens if they don't get it. what happens if there aren't bailouts. >> detroit...
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at the film. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars that moment you enjoy it at home. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> we're getting our first look at ashton kutcher as steve jobs this morning. here is cnn's michelle turner. >> we can share the first image from the film which stars ashton kutcher behind the legendary man of apple. he has the beard and lodge hair parted to the side. kutcher is saying that there is definitely a resemblance. this h
at the film. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars that moment you enjoy it at home. to help those affected and to cover cleanup costs. today, the beaches and gulf are...